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Prykhodko Andrii

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Lawyer, Doctor of Laws, recognized media expert on legal issues, legal adviser to famous politicians and businessmen.

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SELECTION OF PROPERTY TO BUY OR RENT IN ROMUNIA

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SELECTION OF PROPERTY TO BUY OR RENT IN ROMUNIA

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Prykhodko Andrii

Real estate in Romania is the best option for those who want to buy inexpensive housing abroad. Residential and commercial real estate here is several times cheaper than in other EU countries. The stable growth of the economy and partnerships with other European countries, the development of tourism infrastructure – all this makes the purchase of real estate in Romania even more attractive, and our real estate agency in Romania is a reliable partner who will help you with the move.

Rental housing in Romania

Students, employees and tourists are often faced with the need to find a realtor in Romania. This task is very difficult, especially in the absence of knowledge of the language, because the state language is Romanian, and the majority speaks English. At the same time, finding a realtor who speaks Ukrainian or Russian is even more difficult. So, by contacting the Prikhodko & Partners team, you receive services, including:

  • provision of a choice of living quarters with and/or without furniture in different cities and regions of Romania;
  • legal execution of all documents, excluding the possibility of problems during living in the future;
  • the possibility of personal acquaintance with the owner of the apartment or house;
  • Familiarization with housing only at a convenient time for the client.

It is important to note that the cost of renting a property in Romania may vary depending on:

  • cities;
  • the size of the living area;
  • housing condition;
  • availability of household appliances and furniture;
  • location relative to the city center.

The term for selecting housing can be up to 3 days, depending on your needs and taste preferences.

Commercial real estate for rent in Romania

In the process of creating your own business in Romania, it becomes necessary to purchase or rent commercial real estate. The latter option is considered more profitable, as it has lower costs, minimal risk of losing investment and the possibility of faster expansion when creating a network. The company, which provides its services for business owners, offers the rental of industrial premises in Romania, shops, offices and other types of commercial premises.

Using quality service, you get the following benefits:

  • the opportunity to devote maximum time to business development and the development of a business plan instead of searching for real estate;
  • individual selection of an object for specific tasks;
  • legal registration of all documents;
  • the fastest selection of real estate.

What should you pay attention to when concluding a lease agreement?

  • Romania does not have a specific standard agreement. But our team has formed the necessary agreements for the maximum protection of your interests over many years of work;
  • there must be a certificate of the owner, tenant and a description of the leased premises;
  • it is necessary to pay attention to the type of payment, the validity period and the cancellation policy;
  • it is advisable to pay by bank transfer and make sure that there is an account of the landlord;
  • be sure to write down the details of the current index of hot and cold water, gas and electricity meters; as a rule, these payments are not included in the rental price;
  • if you rent a furnished or technically equipped premises, do not forget to indicate the details that the owner transfers the furniture and appliances with the premises;
  • also pay attention to the possibility of prolongation (extension) of the contract, as well as early termination without loss of advance funds.

Buying a home in Romania

Moving to a permanent place of residence and buying residential real estate with a view to its further leasing on the territory of this European state are no less in demand. In the first case, this provides an opportunity to obtain citizenship and a decent life, and in the second, sources of permanent passive income. Our local partners provide services for the purchase of residential property in Romania, providing the following benefits for clients:

  • saving time – the term for selecting housing is up to 3 days;
  • affordable price – experts select the best offers in terms of price-quality ratio, ideally meeting the needs and taste preferences of the client;
  • legality – the purchase of any object is made legally with the implementation of all necessary procedures.

Purchase of commercial real estate

Commercial real estate in Romania

– this is a question that interests not only businessmen, but also investors who want to receive a large stable passive income. Making an appropriate purchase and selecting the appropriate object is a difficult and time-consuming process that requires knowledge, time and effort. Our partner in Romania, a company that has been providing property selection services for many years, will help to simplify and make it more enjoyable. Today we offer the following types of commercial properties for purchase:

  • buildings for warehouses;
  • offices;
  • business centers;
  • trading platforms;
  • the shops;
  • complex buildings.

Before purchasing, all these objects are checked for arrests, mortgages from the owner and a number of other undesirable factors and encumbrances. Thanks to this, the purchase of commercial real estate is always a safe investment.

Land in Romania

This country still has a low price for land among the countries that were part of the sphere of influence of the USSR (2.5 thousand dollars per hectare). Such a low price for land in Romania is due to the restriction on land ownership (up to 100 hectares per person). Despite the fact that the country allowed the sale of land not so long ago – in 2014, now 94% of agricultural land is privately owned. Foreigners own 11% of the privatized land (900 thousand hectares). Under Romanian law, among foreigners, citizens of European countries, as well as residents of Iceland, Liechtenstein and Norway, have the right to own agricultural land. True, the purchase of land can be made through a legal entity for economic activity.

Also, it should be noted that co-owners, tenants, owners of land adjacent to the land plot, as well as the Romanian Public Property Agency enjoy the advantage in buying land. When one of the parties with the privilege of priority purchase does not express a desire to purchase the land, the seller chooses the buyer at his own discretion.

Real estate lawyer services in Romania include

  • Residential property for rent in Romania
  • Commercial real estate for rent in Romania
  • Buying residential property in Romania
  • Buying commercial property in Romania
  • Lease of land in Romania by an individual.
  • Purchase and/or lease of land plots in Romania by a legal entity.

It should be borne in mind that regardless of whether you choose luxury real estate in Romania or a more budget option, the cost of services will be negotiable. Thus, you will get the most attractive accommodation in Europe at the best price.

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Do you want to rent a property in Romania?

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Prykhodko Andrii
Managing partner

Lawyer, Doctor of Laws, recognized media expert on legal issues, legal adviser to famous politicians and businessmen.

Contact now
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